Verisk Analytics has raised $450 million in a sale of senior notes. The risk-assessment service provider intends to use the proceeds for general corporate purposes, including the repayment of indebtedness and/or acquisitions.
Bank of America Merrill Lynch and JP Morgan were the joint bookrunning managers for the deal. The notes carry a coupon rate of 5.80% and are scheduled to mature on May 1, 2021.
Click here for the release from Globe Newswire.